The Limits of Free Market Logic
first published 19 September 2007
Carbon trading, its backers claim, reduces emissions and brings sustainable development in the global South. But in fact it may do neither, and is harming efforts to create a low-carbon economy.
This article was written for China Dialogue. A Chinese-language version of this article is appended to the English version.
Related articles of interest:
- How Carbon Trading Undermines Positive Approaches to the Climate Crisis
- Toward a Different Debate in Environmental Accounting The Cases of Carbon and Cost-Benefit
- Carbon Trading A Critical Conversation on Climate Change, Privatisation and Power
- Carbon Offsets Not Welcome Here An Article for Climate Change Corp